Ref: PTFS4854

Tenanted grocery store for sale in Esenyurt Istanbul

Price: $678,700 Ref: PTFS4854
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Tenanted store for sale in Esenyurt Istanbul
Investment opportunity with store in Istanbul

Tenanted grocery store for sale in Esenyurt Istanbul

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Overview

Located in a residential area of Esenyurt, this commercial property is currently operating as a successful grocery supermarket and is well known as one of the go-to places within the local community for weekly shopping.

Property Features
Property Type: Commercial
Location: Istanbul - Esenyurt
Living space sqm: 900

Property Features

Why buy this Property

- Tenanted supermarket for sale in Istanbul

- Residential location in sought after Esenyurt

- High rental income with room to improve

- Brand new business with long term contract

- Close to elite complexes and family homes

Why buy this Property

- Tenanted supermarket for sale in Istanbul

- Residential location in sought after Esenyurt

- High rental income with room to improve

- Brand new business with long term contract

- Close to elite complexes and family homes

FACILITIES & LOCATION

This supermarket is situated in a desired area of Esenyurt and is just moments away from the E-5 Highway making it easy for customers to find the shop. As commercial properties go, this is one of our top picks in this part of Istanbul and comes highly recommended for viewing at the earliest opportunity.


About the shop

The shop measures 900m2 and is in excellent condition throughout. The supermarket has recently moved in on a long term contract and everything inside is brand new. Parking spaces are available outside the building for those driving to pick up groceries.


Rental income

The property has a long term contract lasting 12 years with a chain supermarket brand in Turkey. The rental income currently amounts to 47,200TL per month, amounting to a yearly return on investment of 4.6%. This yield can be increased every year using our negotiating skills as rent can be increased every year in line with inflation.


Location in Istanbul

One of the main selling points of this business is the tremendous location in Esenyurt. This shop is situated in a residential area along a busy high street and is visible by thousands of people on a daily basis. The E-5 Highway and nearest Metrobus station can both be walked to, providing a pool of potential shoppers. Some of the best complexes and housing projects are also within close vicinity, meaning that the market is prime positioned to take advantage of the local community to become their number one grocery option.


Other commercial properties

We currently have hundreds of commercial real estate and businesses for sale throughout the city of Istanbul on our books. If you can’t find the right listing for you, please call or contact us and allow our team on the ground to find and source something to suit your budget and requirements – we are confident that we can assist you.

FACILITIES & LOCATION

This supermarket is situated in a desired area of Esenyurt and is just moments away from the E-5 Highway making it easy for customers to find the shop. As commercial properties go, this is one of our top picks in this part of Istanbul and comes highly recommended for viewing at the earliest opportunity.


About the shop

The shop measures 900m2 and is in excellent condition throughout. The supermarket has recently moved in on a long term contract and everything inside is brand new. Parking spaces are available outside the building for those driving to pick up groceries.


Rental income

The property has a long term contract lasting 12 years with a chain supermarket brand in Turkey. The rental income currently amounts to 47,200TL per month, amounting to a yearly return on investment of 4.6%. This yield can be increased every year using our negotiating skills as rent can be increased every year in line with inflation.


Location in Istanbul

One of the main selling points of this business is the tremendous location in Esenyurt. This shop is situated in a residential area along a busy high street and is visible by thousands of people on a daily basis. The E-5 Highway and nearest Metrobus station can both be walked to, providing a pool of potential shoppers. Some of the best complexes and housing projects are also within close vicinity, meaning that the market is prime positioned to take advantage of the local community to become their number one grocery option.


Other commercial properties

We currently have hundreds of commercial real estate and businesses for sale throughout the city of Istanbul on our books. If you can’t find the right listing for you, please call or contact us and allow our team on the ground to find and source something to suit your budget and requirements – we are confident that we can assist you.

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